Barrington Research Predicts Reduced Earnings for Gray Media

Gray Media Inc. (NYSE:GTNFree Report) – Stock analysts at Barrington Research lowered their Q3 2025 earnings per share (EPS) estimates for Gray Media in a report released on Monday, August 11th. Barrington Research analyst P. Sholl now expects that the company will earn ($0.41) per share for the quarter, down from their previous estimate of ($0.32). Barrington Research has a “Strong-Buy” rating and a $6.50 price objective on the stock. The consensus estimate for Gray Media’s current full-year earnings is $3.32 per share. Barrington Research also issued estimates for Gray Media’s Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($1.11) EPS, Q1 2026 earnings at ($0.17) EPS, Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.58 EPS, FY2026 earnings at $2.46 EPS and FY2027 earnings at ($0.21) EPS.

Gray Media (NYSE:GTNGet Free Report) last released its earnings results on Friday, August 8th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.19). Gray Media had a net margin of 5.64% and a return on equity of 10.31%. The company had revenue of $772.00 million during the quarter, compared to analyst estimates of $765.16 million. During the same period in the previous year, the company posted $0.09 EPS. The company’s quarterly revenue was down 6.5% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on the company. Wall Street Zen downgraded Gray Media from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Guggenheim increased their price target on Gray Media from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Thursday. Benchmark restated a “buy” rating and issued a $9.00 price target (up from $7.00) on shares of Gray Media in a report on Monday. Finally, Wells Fargo & Company increased their price target on Gray Media from $4.50 to $5.00 and gave the stock an “equal weight” rating in a report on Monday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Gray Media has an average rating of “Moderate Buy” and a consensus target price of $6.88.

Get Our Latest Stock Analysis on Gray Media

Gray Media Stock Up 2.2%

Shares of Gray Media stock opened at $6.01 on Wednesday. Gray Media has a 1 year low of $2.91 and a 1 year high of $6.16. The business has a 50-day moving average of $4.73 and a two-hundred day moving average of $4.20. The company has a market capitalization of $609.95 million, a P/E ratio of 3.98 and a beta of 1.20. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.87 and a quick ratio of 0.91.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Caption Management LLC acquired a new stake in shares of Gray Media in the second quarter valued at approximately $140,000. Nebula Research & Development LLC lifted its position in shares of Gray Media by 4.6% in the second quarter. Nebula Research & Development LLC now owns 129,984 shares of the company’s stock valued at $589,000 after buying an additional 5,686 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Gray Media by 511.6% in the second quarter. Qube Research & Technologies Ltd now owns 195,809 shares of the company’s stock valued at $887,000 after buying an additional 163,794 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Gray Media by 82.5% in the second quarter. Cerity Partners LLC now owns 39,124 shares of the company’s stock valued at $177,000 after buying an additional 17,689 shares during the last quarter. Finally, Jump Financial LLC lifted its position in shares of Gray Media by 332.1% in the second quarter. Jump Financial LLC now owns 125,127 shares of the company’s stock valued at $567,000 after buying an additional 96,167 shares during the last quarter. 78.64% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Jeffrey R. Gignac purchased 12,500 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was purchased at an average cost of $3.68 per share, for a total transaction of $46,000.00. Following the completion of the purchase, the chief financial officer directly owned 644,599 shares in the company, valued at $2,372,124.32. This trade represents a 1.98% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.22% of the stock is currently owned by corporate insiders.

Gray Media Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, September 15th. Gray Media’s dividend payout ratio (DPR) is currently 21.19%.

About Gray Media

(Get Free Report)

Gray Television, Inc, a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets.

Recommended Stories

Earnings History and Estimates for Gray Media (NYSE:GTN)

Receive News & Ratings for Gray Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gray Media and related companies with MarketBeat.com's FREE daily email newsletter.